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Vermont

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  • Norwich University launches $100m campaign Saturday, 20 Sep 2014 | 1:33 PM ET

    NORTHFIELD, Vt.— Norwich University has kicked off a $100 million, five-year fundraising campaign more than halfway to the goal that organizers hope to reach by the time of the Northfield school's bicentennial in 2019.. Norwich President Richard Schneider formally kicked off the "Forging the Future" campaign on Friday during the school's homecoming weekend.

  • Vermont unemployment up to 4.1 percent Friday, 19 Sep 2014 | 11:09 AM ET

    MONTPELIER, Vt.— The Vermont Department of Labor says the state's unemployment rate is up four-tenths of one percent to 4.1 percent, the third increase in three months. Labor Commissioner Annie Noonan says at 4.1 percent, Vermont's unemployment rate is well below the national average of 6.1 percent.

  • Colleges partner on renewable energy program Friday, 19 Sep 2014 | 7:23 AM ET

    BENNINGTON, Vt.— Vermont Technical College and the Community College of Vermont have formed a partnership for students who want to further their studies in the field of renewable energy.

  • Sept 18- Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday. "I'd put them in a class of Facebook and Google with the scale they have, growth prospects and profitability," said Scot Wingo, CEO of e-commerce software provider ChannelAdvisor.

  • Sept 18- Major institutional investors such as BlackRock will likely receive the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.

  • Former factory site now on Superfund list Thursday, 18 Sep 2014 | 7:57 AM ET

    The removal of contaminated soil, wells, storage tanks and transformers at the 36- acre area known as the Jard site was finished in 2007. But the Bennington Banner reports the EPA has found that the pollution has spread, contaminating a pond and some home basements. The EPA has monitored wells and done work on the area.

  • Navy Secretary: Submarine to be named USS Vermont Thursday, 18 Sep 2014 | 5:01 AM ET

    BURLINGTON, Vt.— U.S. Navy Secretary Ray Mabus used Lake Champlain, with its history of a key naval battle in both the American Revolution and the War of 1812, as a backdrop Thursday to announce the naming of the USS Vermont, a nuclear attack submarine due to be built over the next several years.

  • Census: NY poverty, income levels steady in 2013 Thursday, 18 Sep 2014 | 3:02 AM ET

    And the Census Bureau says Thursday median household income in the state also remained flat at about $57,000. The national median income was about $52,000 last year. Among New York's neighbors, it was $68,000 in Connecticut; $66,000 in Massachusetts; $70,000 in New Jersey; $52,000 in Pennsylvania and $53,000 in Vermont.

  • Vermont airport expansion work to start soon Wednesday, 17 Sep 2014 | 7:33 AM ET

    COVENTRY, Vt.— Construction is scheduled to start soon on expansion of the Newport State Airport in Vermont after it was awarded $8.8 million in grants for a new runway and other upgrades.

  • No Labels gathers allies in DC to start 2016 push Wednesday, 17 Sep 2014 | 3:20 AM ET

    WASHINGTON— Lawmakers and strategists from both parties are gathering to outline a plan to save Social Security, add 25 million jobs and balance the federal budget. A No Labels-backed Problem Solvers caucus formed on Capitol Hill and attracted close to 100 lawmakers. Peter Welch, a Vermont Democrat and a No Labels supporter.

  • Only 4 states will see cuts to food stamps Wednesday, 17 Sep 2014 | 3:17 AM ET

    WASHINGTON— Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found. As a result, it's unclear whether the law will realize the estimated $8.6 billion in savings over 10 years that the GOP had advertised.

  • Probe: HealthCare.gov website must boost security Tuesday, 16 Sep 2014 | 3:54 PM ET

    The Government Accountability Office said the Obama administration must resolve more than 20 specific security issues related to who can get into the system, who can make changes in it and what to do in case the complex network fails.

  • Vermont Health Connect website is shut down Tuesday, 16 Sep 2014 | 8:10 AM ET

    WINOOSKI, Vt.— The state has temporarily shut down the Vermont Health Connect website so it can be fixed before the start of the next open enrollment period, which begins Nov. 15, Gov.

  • FTC asked to consider utility's renewable claims Monday, 15 Sep 2014 | 3:01 PM ET

    MONTPELIER, Vt.— A group of four environmentalists on Monday asked the Federal Trade Commission to determine if Vermont's largest electric utility is making deceptive claims about some of the renewable energy it produces.

  • Vermont rail upgrade grant rejected by feds Monday, 15 Sep 2014 | 11:11 AM ET

    MONTPELIER, Vt.— A Vermont Transportation Agency official said Monday he was disappointed the state didn't get a federal grant that would have helped complete an upgrade to the rail system between Rutland and Burlington, but officials remain committed to restoring passenger rail service to the route.

  • Tiny college launches $2M fundraising challenge Monday, 15 Sep 2014 | 10:16 AM ET

    Sterling College President Matthew Derr said Monday that an anonymous donor has pledged a gift of $1 million for the Craftsbury Common college to be matched by donations from trustees, alumni, and friends. Sterling College has 124 students, one of the smallest four-year schools in the country, but the number is up 25 percent in the last two years.

  • In Vermont, a milestone in green-energy efforts Sunday, 14 Sep 2014 | 12:00 PM ET

    With little fanfare, the Burlington Electric Department crossed the threshold this month with the purchase of the 7.4- megawatt Winooski 1 hydroelectric project on the Winooski River at the city's edge.

  • Slow Money invests in small food enterprises Saturday, 13 Sep 2014 | 12:19 PM ET

    Since the national network started in 2010, Slow Money networks and investment clubs around the country, including in Maine, Massachusetts, California, North Carolina, and in cities like Boston and New York, have made a total of $38 million in investments in 350 small food enterprises.

  • Utah ski resort sold amid long legal battle Thursday, 11 Sep 2014 | 12:55 PM ET

    SALT LAKE CITY— One of Utah's largest ski areas was sold to Vail Resorts Inc. Thursday, resolving a legal battle between two ski titans and paving the way for the creation of what could be the country's largest resort. The Colorado- based company is already leasing the upper 3,000 acres of slopes, but couldn't use them without the base area owned by Powdr Corp..

  • Conn. wins $8.2 million to upgrade freight rail Wednesday, 10 Sep 2014 | 7:15 AM ET

    HARTFORD, Conn.— Eastern Connecticut will receive an $8.2 million federal grant to upgrade freight rail that officials say will spur economic development and drive more traffic through the port of New London.